Archives

WALTHAM, MA - February 20, 2013 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that REALTORS® started out 2013 very confident in the real estate market as the REALTOR® Market Confidence Index (RMCI) and REALTOR® Price Confidence Index (RPCI) both hit all-time highs in January. REALTOR®-members generally believed more buyers would enter the market if interest rates were to go up at least one percentage point over the next six months

WASHINGTON, D.C. - February 18, 2013 - (RealEstateRama) -- Mayor Thomas M. Menino and Department of Neighborhood Development (DND) Director Sheila Dillon announced today that more than $8.4 million in affordable housing resources and tax credit funding from the Commonwealth of Massachusetts’ Office of Housing and Economic Development will jumpstart three Boston affordable housing developments: Jackson Commons in Jamaica Plain, Roxbury Crossing Senior Housing in Roxbury, and Phase One of the redevelopment of St. Kevin’s in Dorchester

BOSTON - February 15, 2013 - (RealEstateRama) -- Initiatives established as part of Attorney General Martha Coakley’s HomeCorps program have provided hundreds of struggling homeowners with a range of foreclosure-prevention efforts that include free legal services, financial counseling and eviction prevention across the state.

WASHINGTON, D.C. - February 14, 2013 - (RealEstateRama) -- Please find below powerpoint presentations and handouts from the February 12th training in Boston and for the February 28th training in Springfield, and important links to the Office of Consumer Affairs and Business Regulation/Division of Banks website

WASHINGTON, D.C. - February 14, 2013 - (RealEstateRama) -- HUD’s new rental assistance program to prevent homelessness or unnecessary institutionalization for low-income persons with disabilities; Funding announcement aligns with Patrick-Murray Administration’s goals towards increasing supportive housing

LOWELL - February 14, 2013 - (RealEstateRama) -- Attorney General Martha Coakley today joined Lowell Mayor Patrick Murphy, City Manager Bernard Lynch and local housing advocates for a roundtable discussion on foreclosure prevention efforts, including the AG’s first-in-the-nation HomeCorps program, which was established after the $25 billion national mortgage settlement was announced one year ago this week.

WASHINGTON, DC - February 13, 2013 - (RealEstateRama) -- To prevent thousands of people with disabilities from experiencing homelessness or unnecessary institutionalization, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Health and Human Services (HHS) today announced nearly $98 million in funding for 13 state housing agencies for rental assistance to extremely low-income persons with disabilities, many of whom are transitioning out of institutional settings or are at high risk of homelessness

WALTHAM, MA - February 12, 2013 - (RealEstateRama) -- The Massachusetts Association of REALTORS® (MAR) reported today that 2013 is continuing the positive trend as pending home sales for both single-family homes and condominiums went up for the 21st straight month in January compared to the year before. Pending sales figures (also called homes under agreement) are a leading indicator of actual housing sales in Massachusetts for the following 2-3 months

BOSTON - February 11, 2013 - (RealEstateRama) -- Thousands of Massachusetts homeowners on the brink of foreclosure have received assistance in the year since Attorney General Martha Coakley announced a $25 billion national settlement with the five major lenders over their servicing and foreclosure practices. This success has been driven in large part by the AG’s first-in-the nation HomeCorps program which her office created and launched last April and has already directly assisted more than 4,600 borrowers in Massachusetts, more than a thousand of whom have now received permanent loan modifications.

REVERE - February 7, 2013 - (RealEstateRama) -- Continuing the Patrick-Murray Administration’s commitment to improving housing infrastructure to support growth and opportunity throughout the Commonwealth, Secretary of Housing and Economic Development Greg Bialecki today announced $67 million in affordable housing resources and tax credits for 23 developments in 21 communities.

REVERE - February 7, 2013 - (RealEstateRama) -- Continuing the Patrick-Murray Administration’s commitment to improving housing infrastructure as a means to growing local businesses and improving communities, Secretary of Housing and Economic Development Greg Bialecki today announced $67 million in affordable housing resources and tax credits for 23 developments in 21 communities across the Commonwealth

BOSTON - February 7, 2013 - (RealEstateRama) -- MassHousing and the Department of Housing and Community Development (DHCD) announced $8.2 million in Affordable Housing Trust Fund (AHTF) loan closings today for affordable housing communities in Boston, Brockton, Danvers, Gloucester, Newburyport, Somerville and Truro.

WASHINGTON, D.C. - February 6, 2013 - (RealEstateRama) -- New Bedford, Massachusetts- On Wednesday, January 30th from 2:00 p.m. to January 31st at 2:00pm the New Bedford Homeless Continuum of Care, known as the Homeless Service Providers Network, will conduct New Bedford’s annual Point-in-Time Count and survey. The information collected provides a reliable snap shot of unduplicated sheltered and unsheltered individuals and families experiencing homelessness.

BOSTON, MA - February 4, 2013 - (RealEstateRama) -- A real estate developer has been sued for allegedly taking more than $200,000 in advance payments for new, single-family homes in Sharon that were never provided, and refusing to return the deposits, Attorney General Martha Coakley announced today.

BOSTON, MA - January 31, 2013 - (RealEstateRama) -- MassHousing announced a loan closing today of $8.9 million to preserve affordability for low-income senior citizens at the 100-unit Logan Park apartment community in Braintree.